Schemes could pay penalty for late valuations

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More than 3000 schemes have not yet submitted their first valuation to the Pension Protection Fund and could pay "substantially" higher levies, a consultant warns.

Hamish Wilson & Co says over 3000 of the 7800 schemes covered by the PPF had not yet submitted their first valuation to the pensions lifeboat. Hamish Wilson consultant Gary Tansley warned that m...

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